Page 10 - Yes Bank

YES Bank Q3 net profit surges 77% to Rs 266 cr on lower provisions

However, the bank has lowered the guidance for credit growth in FY22 to 10% from an earlier estimate of 15%

YES Bank Q3 results: Net profit jumps 77% YoY to Rs 266 cr

Net interest income fell 31% to Rs 1,764 crore in Q3FY22

Delhi court denies bail to former MD & CEO of YES Bank Rana Kapoor

A Delhi court on Thursday dismissed the bail application of former MD and CEO of YES Bank, Rana Kapoor, in a money laundering case related to the wrongful loss of Rs 466.51 crore to the bank. Special Judge Sanjeev Aggarwal denied the relief to the Kapoor, noting that the allegations against him were most grave and serious in nature. Considering the overall facts and circumstances of the present case, since the allegations against the accused are most grave in nature, as a resultant no ground for his bail is made out at this stage. Consequently, the bail application of accused Rana Kapoor is dismissed, the court said. Kapoor moved the application after he was summoned by the court which took cognisance of a charge sheet filed by the Enforcement Directorate (ED). He told the court that he was not arrested by the ED during the investigation and since the charge sheet has already been filed, no purpose will be served by sending him in custody in the case. Kapoor is currently lodged at

Stocks to Watch: TCS, Bajaj Hind, JSW Steel, Yes Bank, Dish Tv, Airlines

TCS likely to be in limelight ahead of Q3 results, share buyback plan; Airline shares may also be in focus amid slump in demand.

YES Bank may offer Dish TV stake to Tata Sky and Bharti Airtel

The tussle between the lender and Dish TV promoters began in February last year

Yes Bank net advances up by 4% to Rs 1.76 trn by Dec-end

Yes Bank's net advances grew by nearly 4 per cent to Rs 1,76,422 crore on a provisional basis as of December 31, 2021, the bank said on Tuesday.

DHFL case: Yes Bank's former business head Rajiv Anand gets bail

A special CBI court here on Thursday granted bail to Rajiv Anand, a former business head of Yes Bank, in a cheating and corruption case involving the private sector lender DHFL.

'Rana Kapoor misused position to get property at inadequate consideration'

Yes Bank co-founder Rana Kapoor misused his official position to acquire a valuable property at an 'inadequate consideration', a special court has said

Sensex ends 612pts higher; RIL, L&T shine; Metro Brands gains 17% from low

Buying was seen across the board; Micap and Smallcap indices finished with gains of 1.5 per cent each, overall breadth too was extremely positive

Stocks to Watch: Metro Brands, RIL, IOC, HCL Tech, MCX, JSW Energy, Yes Bk

Metro Brands seems set for a tepid debut given the poor response to its initial public offer

YES Bank board approves raising funds up to Rs 10,000 crore

The fundraising will happen through various instruments, including equity and bonds

Stocks to Watch: RateGain, Yes Bank, Burger King, Tarsons, EaseMyTrip, BEL

Supriya Lifescience IPO seems to be reasonably priced, read detailed analysis

Yes Bank board to consider raising funds via various instruments on Dec 21

The bank has, however, not specified how much money it intends to raise

Banks lost Rs 2.85 trn due to loan default of 13 firms, alleges UBFU

: Public sector banks have lost nearly Rs 2.85 lakh crore on account of loan dues of 13 corporates even as the banks are used to bail out ailing financial institutions such as Yes Bank and IL&FS, United Forum of Bank Unions alleged on Monday. In press release, UFBU's Convener B Rambabu said the organisation calls for a two-day all India bank strike on December 16 and 17 protesting against Banking Laws (Amendment) Bill 2021 and opposing the centre's alleged move to privatise PSBs. According to the statistics given by the UFBU, the 13 corporates' outstanding dues were at Rs 4,86,800 crore and it was resolved at Rs 1,61,820 crore resulting in a loss of Rs 2,84,980 crore. "It is also a matter of reality that time and again public sector banks have been used to bail out ailing private sector banks such as Global Trust Bank, United Western Bank, Bank of Karad, etc. In the recent past, it was Yes Bank, which was bailed out by public sector SBI. Private sector's largest NBFC, IL&FS, ..

Dish TV vs Yes Bank battle: A matter of principle for both companies

The Supreme Court's interim order that the police have no right to freeze voting rights has set an important precedent for the practice of applying criminal law in civil-contractual disputes

Dish TV, facing a notice from Yes Bank, to hold AGM on Dec 30

On November 29, Dish TV had postponed its AGM for a month after getting regulatory approval from the Registrar of Companies, Mumbai

Dish TV clarifies on report of Airtel being in talks to buy majority stake

Airtel is looking to buy 5.93% stake from Dish TV's promoter group and 25.63% stake owned by Yes Bank Ltd, a news report said

Supreme Court agrees to hear YES Bank-Dish TV dispute on Tuesday

The SC will hear the petition on Tuesday even as Dish TV shareholders meeting has been postponed by a month which was scheduled on Tuesday

YES Bank, Dish TV battle moves to SC, case to have broad implications

Bank wants voting rights to be restored before Dish TV AGM on Tuesday

YES Bank moves Supreme Court as HC rejects plea on Dish voting rights

Dish had received a notice issued by the Crime Branch, Gautam Budh Nagar, in respect of an investigation being conducted by them.